The State Property Fund of Ukraine (SPF) will hold a tender to select an advisor for privatization of public joint-stock company Odesa Port-Side Plant, acting Head of the SPF Vitaliy Trubarov has said. “The Odesa Port-Side Plant will be privatized under the new law with the attraction of an advisor. Now we are working to prepare for a tender to select an advisor, as soon as the Economic Development and Trade Ministry selects their candidate to be a member of the commission, we would switch to the creation of tasks for the advisor and tender conditions,” he wrote on his Facebook page.
Trubarov said that synchronously the fund jointly with international advisors is looking for ways to restructure debts of the company.
As reported, Public joint-stock company Ukrtransgaz has appealed to the National Police of Ukraine asking to interfere in the situation with rapidly growing debts of Odesa Port-Side Plant.
According to Ukrtransgaz, the amount of debt owed to Ukrtransgaz for the services of gas balancing for the needs of the Odesa Port-Side Plant, which was provided to the Ukrainian Energy Company, increased by another UAH 500 million only in April. In addition, the plant has its own debt to the company in the amount of UAH 473 million.
The government of Ukraine plans on April 27, 2018 approve a list of large facilities with assets worth over UAH 250 million for the privatization in 2018, acting Head of the State Property Fund (SPF) Vitaliy Trubarov has said. “At a meeting of the government to be devoted to the privatization scheduled for April 27 we will receive the finished list of large privatization and approve the requirements,” he said. Trubarov recalled that according to the new law on privatization that took effect on March 7, all facilities are divided into two groups: large and small. The fund makes decisions on the lists of small privatization. For this year the fund has approved a list of 660 small facilities.
The SPF head said that the sale of facilities in line with the new law will start after May holidays.
Trubarov also expressed opinion that in the coming five or seven years large Ukrainian companies like Ukrzaliznytsia or Ukrposhta would not be placed to the privatization lists.
